80 Gates Road
About This Property
The property boasts a versatile barn and an oversized two-car garage, providing ample space for hobbies, storage, or potential expansion. Brand new roof Summer 2025! Step outside onto the spacious deck, and a charming firepit inviting you to relax and soak in the spectacular mountain vistas. This unique offering combines mid-century charm with modern comfort, creating an idyllic retreat for those seeking privacy and natural beauty. Mostly wooded in the back with some trails for wildlife viewing.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017